Interesting........Gold is up 30% so far this year.

[BT]

Under ? 6041 of the Internal Revenue Code (IRC), persons engaged in a trade or business who
make payments totaling at least $600 to another person in a single year are required to file an
information return (typically a Form 1099) with the Internal Revenue Service (IRS) and to
provide the payee with a copy. For payments made after December 31, 2011, ? 9006 of P.L. 111-
148, the Patient Protection and Affordable Care Act (PPACA), expanded the information
reporting requirements contained in IRC ? 6041. Under the amended provision, most payments to
corporations will no longer be exempt from reporting and the types of payments that can trigger
the reporting requirement will include gross proceeds and amounts received by a payee in
consideration for property.

http://www.pppnet.org/pdf/crs._1099.pdf